Saudi Aramco Heads to MSCI Indexes, Prompting Profit Taking
December 19, 2019 at 10:57 AM EST
MSCI Inc. (NYSE: MSCI), one of the largest providers of indexes for use by issuers of ETFs, moved to include Saudi Aramco in its international benchmarks, a move that stoked some profit-taking in the newly public shares of the Saudi oil giant. Earlier this month, Saudi Aramco priced the massive 3...